DJ Cisco Systems Inc. Stock Falls Monday, Underperforms Market
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Shares of Cisco Systems Inc. $(CSCO)$ slumped 0.89% to $47.93 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.20% to 4,550.43 and Dow Jones Industrial Average falling 0.16% to 35,333.47.
The stock's fall snapped a two-day winning streak.
Cisco Systems Inc. closed $10.26 below its 52-week high ($58.19), which the company achieved on September 1st.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Microsoft Corp. $(MSFT)$ rose 0.31% to $378.61, Amazon.com Inc. $(AMZN)$ rose 0.67% to $147.73, and Broadcom Inc. $(AVGO)$ fell 2.92% to $950.24.
Data source: Dow Jones Market Data, FactSet. Data compiled November 27, 2023.
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(END) Dow Jones Newswires
November 27, 2023 16:36 ET (21:36 GMT)
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